20,000 t special carbon black project kicks off production in Inner Mongolia

2017-11-30 16:23:50Editor：AmandaFont Size：BigMediumSmall

Inner Mongolian Coke and Chemical New Materials Institute has recently launched production of a special carbon black project, whihc is designed with an annual capacity of 20,000 tons.

The project is expected to reap sales revenues of 700 million yuan and geneate pre-tax profits of 150 million yuan a year.

The ordinary carbon black industry faces severe surplus in both the domestic and overseas markets. Against such a background, Inner Mongolian Coke and Chemical New Materials Institute brought in high-level talents and technologies to carry out R&D on special carbon black.

The project, with a total investment of some 189.78 million yuan, started construction from March 2017.

Inner Mongolian Coke and Chemical New Materials Institute is the wholy-owned subsidiary of Wuhai Black Cat Carbon Black Company Limited. The latter is controlled by Jiangxi Black Cat Carbon Black.